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. john boehner, the speaker of the house, also 25uked about the fiscal cliff and hinted for compromise. you got to listen carefully to see the compromise that could be coming. let's listen. >> it's clear, there are a lot of loopholes in the tax code, both corporate and personal. it's also clear that there are all kinds of deductions, some of which make sense, others don't. everything, everything on the revenue side and the spending side has to be looked at. >> anyway, senator chuck schumer this morning suggested that the right wing might be more willing to accept compromise now. it's been helpful. let's watch. >> boehner wants to compromise, that's why he gave that speech. boehner's not a hard right guy, he's a mainstream conservative. i think he's going to help. the hard right is chastened in a lot of ways. >> in south carolina, a republican, jeff duncan, who quoted him as follows, when i look at the results of the election, congressman duncan says, it becomes clear to me that the house is now the last line of defense for preserving freedom in this country. the people of south carolin
. president obama isad odds with speaker boehner. am they be stuck in the same preelection grid lock. joining us is senior advisor to senator harry reed reed. and spokes man for boehner. welcome and glad to center you on board. start off with the situation with the president speaking out and saying as far as he is concerned wealthy americans will pay higher taxes and that ended with his reelection and he believes that voters validated his effort to make it happen. speaker boehner said raising taxes are unacceptable. >> you are seeing the classic positions and everybody wants to make sure they speak for their constitients. and they want to make they are addressing the concerns. what we will see next week a call for the president for the leadership to go down to the white house. there is not that much time. we have a fiscal looming cliff at the end of the year. hopefully we can get both sides to come to the right. >> it is important for the president to not be intransient. the stock market took a beating. and that should send a strong signal that taking more taxes out of the economy for the ben
and house speaker john boehner both insisted they'd hold firm on whether or not to raise taxes on the wealthy. here are excerpts from the president's first comments on the subject since his victory tuesday night. he spoke to a crowd of supporters in the east room of the white house. >> as i said on tuesday night, the american people voted for action, not politics as usual. you elected us to focus on your jobs, not ours. and in that spirit, i've invited leaders of both parties to the white house next week so we can start to build consensus around the challenges that we can only solve together. last year, i worked with democrats and republicans to cut a trillion dollars worth of spending that we just couldn't afford. i intend to work with both parties to do more, and that includes making reforms that will bring down the cost of health care so we can strengthen programs like medicaid and medicare for the long haul. i've put forward a detailed plan that allows us to make these investments, while reducing our deficit by $4 trillion over the next decade. i want to be clear-- i'm not
. i think you heard john boehner say that. we've had votes in the senate where we've gotten rid of tax credits. i think that's a given. >> we need the republicans to do in 2012 what we did in 2010. we hear the mandate continue to cut spending, but they have to hear the than date real revenues not like dynamic scoring. >> and here's what happens if no agreement is reached before january 1st.bush tax rates expire. emergency unemployment benefits will end. the 2011 payroll tax holiday expires. and $984 billion in cuts will be triggered. joining me now, andy sullivan and sher a tupletts. what do you expect to come out of the meeting friday and will any real progress made? >> oh, no, but i think the optics will be important. there will beside by side getting their picture taken and i think this will reassure voters and most importantly investors that they are serious about the problem and they want t to get something done before the end of the year. they've pretty much gotten a free ride from the markets. everybody knew this was coming up, but interest rates have remained low and the stock
refused to consider higher tax rates. timing is also a sticking point here. here is john boehner this weekend. >> 2013 should be the year to begin to solve our debt through tax reform and entitlement reform. together we should avert the fiscal cliff in a manner that ensures 2013 finally is that year. >> no accident, by the way, it was boehner who did the republican response to the president this weekend. the president holds the most leverage in the next two months, directly after the election and before tax rates expire. when the threat of a tax increase on the middle class hangs over the negotiations. republicans would like to try out the negotiations to see the political climate is better for them in the next congress. the big question is how much did the white house learn from the failed debt talk to 2011? will the president bypass leader ship and begin to try to deal directly with the republican senators who have sounded the most open to compromise. >> i think there is a deal. the ying and yang of this is we know there have to be revenues. look, i haven't met a wealthy republ
and political breakthrough? then if president obama and john boehner can rise above and get a deal done for the fiscal cliff, there is a lot of money that could be made in stocks. and why shouldn't top military and business leaders maintain an honorable code of conduct? isn't it better to have a moral center? general david petraeus is a great man. but he made, unfortunately, a great mistake. first up, are we on the verge for american oil revolution? according to the international energy agency, the u.s. will overtake saudi arabia as the world's largest oil producer that before the year 2020. but -- don't get your hopes completely up as the epa could block this fantastic market-driven advance. nobody better to talk about it is john hofmeister. john, it is a pleasure to have you here. now, is it credible, first of all the report, we will overtake the saudis? >> report is credible. the iea is smart, good analysts. we have the reserves, no question we have the reserves. in the ground today. number two, we have the technology to get the reserves out of the ground. and number three, we have t
and speaker john boehner drawing different lines in the sand. will they break the stalemate? and if they don't -- that's coming up. >> greta: late today, david petraeus abruptly resigning after admitting to an extra-marital affair with his biographer. that's bad. but it gets worse. the resignation just days before general petraeus was set to testify at congressional hearings. coincidence? >> good evening, how are you? >> greta: i'm very well. congress pan, the affair, i mean, for the most part, i am trying to separate this out. it is a matter for general petraeus and his wife. but there is -- there is some parts of it that do have an implication. one is whether or not it's a security breach and that it should have been picked up and turned over to the house intel commits and whether or not that could be used as blackmail against him. your thought, sir? >> well, even someone as lowly as an assistant u.s. attorney has to undergo a background check with very invasive questions and you are expected to tell the truth and you are asked under penalty of perjury. so you can increase that expoinentia
boehner are telling different stories. will they break the stalemate? for over 60,000 california foster children, the holidays can be an especially difficult time. everything's different now. sometimes i feel all alone. christmas used to be my favorite. i just don't expect anything. what if santa can't find me? to help, sleep train is holding a secret santa toy drive. bring your gift to any sleep train, and help keep the spirit of the holidays alive. not everyone can be a foster parent, but anyone can help a foster child. petraeus abruptly resigning after admitting to an extra-marital affair with his biographer. that's bad. but it gets worse. the resignation just days before general petraeus was set to testify at congressional hearings. coincidence? >> good evening, how are you? >> greta: i'm very well. congress pan, the affair, i mean, for the most part, i am trying to separate this out. it is a matter for general petraeus and his wife. but there is -- there is some parts of it that do have an implication. one is whether or not it's a security breach and that it should have been picked
boehner. i'm not sure that i see it yet. the president said you have to go to the clinton area, 36% top marginal rate. and you said a few loopholes that's fine but not the real battle we should be undertaking. am i correct? >> now boehner we're back to% where we were before the election in some respects. there is a significant core of the republican party that simply will not raise taxes under any sixths. they will not raise rates. they still feel that they are pledged to grover norquist, maybe not to the american people. not to the constitution, but to grover norquist. therefore they're not going to go along--even if boehner wants them to go along. both sides the president and democrats on one side, boehner and the republicans are basically maneuvering for bargaining position for what is going to be a long-term negotiation. >> eliot: they're just shadow boxing, i think that's exactly right. i wonder and i'm trying to assess--i have no knowledge of what goes on inside the republican party but i'm trying to discern if boehner has more strength now than he did when this negotiation took p
john boehner said friday he would only be open to raising more money by closing tax loopholes. >> and i'm proposing that we avert the fiscal cliff together in a manner that ensures that 2013 is finally the year that our government comes to grips with the major problems that are facing us. >> everyone would be affected. payroll taxes would increase and bush era tax cuts would end. the unemploy wood see benefits run out and -- unemployed would see benefits run out and the congressional budget office is already warning of a 9.6% unemployment rate and double dip recession. >> very unusual for them to predict a recession if the fiscal cliff is not resolved. >> a solution may be sound say some in the president's largely ignored bipartisan debt commission. >> we've got the fiscal cliff bearing down on us. so why not look on simpson bowles although it's over two years later? >> and looming for our area, possible massive job cuts if automatic pentagon cuts are not stopped. at risk, 207,000 jobs in virginia, 114,000 jobs in maryland and 127,000 jobs in the district. tom fitzgerald, fox 5 news. >>
measures have to originate in the house. john boehner talked about the looming fiscal cliff and like the president he also hinted at room for compromise. you have to listen carefully to see the compromise that could be coming. >> it's clear that there are a lot of special interest loopholes in the tax code, both corporate and personal. it's also clear that there are all kinds of deductions, some of which make cents. others don't. everything, everything on the revenue side and on the spending side has to be looked at. >> senator chuck schumer in new york this morning on msnbc suggested that the right wing might be more willing to accept compromise now. he's being hopeful. let's watch. >> boehner wants to compromise. that's why he gave that speech. you know, boehner is not a hard right guy. he's a incompetent mainstream conservative and i think it's going to work because the hard right a chastened in a lot of ways. >> here is a republican who may not be quite in on what happens happening after the election, jeff duncan. when i look at the results of the election congressman duncan says
there was john boehner drawing the line not against tax increases, but increases in tax rates. >> listen, the problem with raising tax rates on the wealthiest americans is that more than half of them are small business owners. we know from ernst & young 700,000 jobs would be destroyed. we also know that it would slow down our economy. >> president obama from his part came into the east room. he also drew a line, but the line he drew was not insisting on higher tax rates but on higher tax revenues. >>> i'm not wedded to every detail of my plan. i'm open to compromise. i'm open to new ideas. i'm committed to solving our fiscal challenges, but i refuse to accept any approach that isn't balanced. >> so, larry, balance is the key for president obama, not necessarily increases in tax rates. signs of conciliation on both sides and late this afternoon the bipartisan policy center which has been pushing for a simpson bowles-type solution said they were encouraged by the flexibility shown on both side says. john harwood, appreciate it and let's get reaction, and we have republican whip senator joh
a big deal or grand bargain with the republic speaker john boehner. during election year we haven't heard any of that because they were fighting so much. now the president saying how he wants a deal. speaker boehner all recent days been saying all the right things. it's interesting that today the president didn't really move an inch toward the republicans and speaker boehner had some comments that suggested he is not ready to move towards the president. take a listen thrrvettle are ways to put revenue on the table without increasing tax rates. we have talked about this now for over a year. you could -- there is all kinds of information and data out there. but, getting into the specifics of that at this point would not be conducive to trying to come to an agreement with the white house. >> so the bottom line is that neither side has -- president at his news conference today or john boehner in his conference have gotten into the tough specifics about what's going to happen to taxes, what's going to happen in terms of spending cuts to try to get a big debt cut maybe up to $4 trillion
john boehner offered a compromise in week in which he says i am willing to put more revenue on to the table but with through closing deductions end gd loopholes not through raising rates. can you accept a compromise as part of the whole deal that doesn't raise the push tax rate on the wealthy? >> how much revenue are we going to generate as part of a balanced package. in their framework they assume the amount of revenue as if we started tax reform from a 39 percent rate. that is part of their built in assumption. i am all for doing tax reform. the issue is from what starting point. i think the bowl starting point which assumies that revenue fro 39 percent is the right way to go to get the mix they got in hitting their deficit reduction target. if what speaker boehner was saying he was truly willing to get office ready we begin to work with one another. if what he is simply saying is what republicans used to say which is we are going to lower rate on the wealthy and that will somehow generate -- >> he was talking about closing loopholes and deductions. >> the jury is out stil
. the president still insisting letting the bush tax cuts expire. meanwhile, house speaker john boehner remaining opposed to raising these tax cuts. do you think because of a lot of attention and oxygen being taken up in washington, d.c. with what's taking place with petraeus and allen there will be a way for like minds to come to a come prose mize. >> you're absolutely right, thomas. the media coverage is on these emerging facts on petraeus and other cases. the answer is, i think so, i hope so. we're not there yet. we have six weeks to work this out. two parts of the fiscal cliff, are across the board cuts. we'll be able to come one an alternative way to reduce the deficit in a smarter way to avoid that. the tax piece is a lot tougher and a lot bigger, the president as you know, we should immediately act, we the congress, to extend tax relief for 98% of the american people. in fact, taxpayers would get tax relief on first 250,000 in income. if we want to address the long-term deficit, it has to do with the cliff. speaker boehner needs to come forward and put that on the table as the president ha
and the president. speaker boehner said tax hik eshehikes aren't acceptable. senator mcconnell the republican leader in senate said that he won't raise taxes to turn off those spending cuts. if senator mcconnell and speaker boehner don't bend, do you still believe the president should go up to the brink. >> here we are, our country has a tremendous debt and deficit problem. we also have a challenge in making sure that we educate our work force, we need to make sure we care for our veterans who need that care today. we need to have research and we need to be able to compete in a global marketplace, those investments are important. everyone who has looked at this, including the supercommittee that i served on, said we need to have revenue as part of the solution to this problem as well as looking at entitlements and spending cuts. what the missing ingredient is revenue. that's what we face right now. if our republican counterparts can step forward with that revenue piece we'll be able to find a solution. >> and if not, go off a cliff? >> well, clearly, we have the ability between now and the end of th
a potential financial crisis, can house speaker john boehner and the president find an onslaught of spending cuts and tax hikes? stay with us. [ male announcer ] truth is, dayquil doesn't work on runny noses. what? [ male announcer ] it doesn't have an antihistamine. really? [ male announcer ] really. alka-seltzer plus cold and cough fights your worst cold symptoms, plus has a fast acting antihistamine to relieve your runny nose. [ sighs ] thank you! [ male announcer ] you're welcome. that's the cold truth! [ male announcer ] alka-seltzer plus. ♪ oh what a relief it is! ♪ [ male announcer ] to learn more about the cold truth and save $1 visit alka-seltzer on facebook. but proven technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, cle
boehner come to an agreement. because i believe anything they agree to is something that will pass the senate. so it's really the house and the presiden president. >> -- is very remote. i think we're more likely to postpone the spending cuts. i think that would be disastrous for the economy. and i think we're likely to let the tax cuts expire than come back in january and cut the taxes for at least 98% of americans. >> joining me now to map out a timeline, nbc white house correspondent mike viqueira who joins me from right there in the white house. so are you getting a sense of the schedule of these events? >> reporter: the schedule is pretty much up in the air. pretty remarkable that john yarmouth, house democrat from kentucky is basically saying let's go over the cliff because we're never going to come to an agreement. the trouble is that cliff if we go over it, the congress at budget office itself says over the next course of the year if those tax cuts kick in, more than $1 trillion in new added taxes to the american people. plus that sequester, that automatic cuts to defense an
. >> house speaker john boehner is also standing his ground, speaking ahead of the president friday. the speaker says he remains unwilling to raise taxes on upper income earners. >> everyone wants to get our economy moving again. everyone wants to get more americans back to work again. raising tax rates will slow down our ability to create the jobs that everyone says they want. >> joining me now, white house correspondent for the hill, amie parnes and "washington post" congressional reporter ed o'keefe. hi, you guys, good to see you both. let's talk fiscal cliff with you, starting with you, amie. the president says upper income americans are going to have to pay higher taxes. leader boehner essentially says no, that's a nonstarter. is all this just posturing and both have an idea where compromise is going to lie? >> i think they're trying to posture. but i think right now, president obama has the upper hand. i mean he's just won re-election. he's basically telling people, look, the american people elected me, because they want a stronger middle class. they want me to push what i hav
john boehner say that already. we have had votes in the senate where we have gotten rid of tax credits. i think that's given and the vast majority of the americans agree with that. the question is, how do you do that and how do you allow taxes to rise? at the same time, you fix the real problem and the real problem is uncontrolled entitlement spending and a government that has grown massively, not just under this administration, under republican administration. so, you have to approach both sides of it. >> let me turn to senator schumer. i will ask you the same question. if the mandate is compromised what do democrats have to be prepared to accept as a painful outcome in order to achieve compromise? >> well, i agree with you, the mandate is compromise. that's why we have a divided house and senate. i think if the house stands for anything it is cut government spending, as tom coburn said, and i think we have to do more of it. we heard the mandate 2010, where it was a clear mandate you cut spending and we did, we cut $900 billion in spending that we didn't like, painful to us. but there
. igor, back to more serious stuff we ought to be talking about. so john boehner is saying hey we can have -- we can find some common ground here and republicans are quick to say yeah, let's follow the boehner thing. when you look at what boehner is saying about how to avoid the fiscal cliff he's not saying we're going to agree with president obama on anything yet right? >> not yet. at least publicly, he's just reheating the old romney proposal which is if you close deductions, that's where you get your revenue. not from letting the high end tax cuts expire. the high-end tax cuts expire. what obama had been campaigning on and what voters want overwhelmingly. so you know, the administration has actually been fairly optimistic about where boehner is and negotiating with boehner and negotiating maybe with some of the rank and file who are more likely to come to an agreement. maybe go into the senate. and doing this very publicly. they're meeting with a lot of groups with labor groups, with business groups and they've
, john boehner, said quote, everything on the revenue side and on the sp spending side has to be looked at but when it comes to specifics he put the ball firmly in barack obama's court. >> i don't want to box myself in or anyone else in. i think it is important for us to come to an dpe agreement with the president but this is his opportunity to lead. >> here to sort what call of this must mean, we have all angles covered, including from the white house ahead of this daily briefing. we have jessica yellin, athena jones and ali velshi in new york. let me begin with you. we were watching the president walk in the east room. i noticed standing ovation. the energy in the room. the president pulled out his own pen saying yes, i'm ready to sign the bill flanked by marylandle class americans. when it comes to middle-clax tax cuts it sounds like the president is sticking to his guns. >> his terms are fairly stark. he's willing to negotiate on entitlements, medicare, medicaid. the white house democrats consider that a huge give the democratic party but what he is not willing to negotiate on is ra
to be revenues as well. second, he's rejecting the john boehner approach which is boehner saying i'll agree to revenues as long as they come as a result of economic growth. in other words, we won't legislate changes in taxes. we'll hope that revenues go up. he's saying no, that won't work for me. you're not going to legislate spending cuts. this is the president talking. not legislate revenue changes as well. >> bill: all right. so there are -- the most immediate decision maybe facing the congress is that as you point out, all of the bush tax cuts expire. which means not only the taxes -- tax cuts for the wealthy expire, the tax cuts for those making under $250,000 a year expire as well. so the president said friday all right, the senate has already passed a bill which would give extended tax cutless for the 98%, those making under $250,000. but let the ones for the wealthier people and defined as over $250,000 expire. and he challenged the house of representatives to pass that. what do you think -- so this is a real -- to
and the american people supported that stance and not rush limbaugh, speaker boehner should stand in the way. either they get in line or they can get run over and judging by the resounding welcome he got, the president got a lot of wind at his back. >> the president and vice president of the united states. [cheers and applause ] >> thank you. thank you, everybody. thank you. thank you very much. >> the support for the president's economic ideas extend far beyond that room. americans need a balance solution to our fiscal problems, not the one-sidedness that the gop is pushing. >> on tuesday night, we found out that the majority of americans agree with my approach and that includes democrats, independents, and a lot of republicans across the country as well as independent economists and budget experts. that's how you reduce the deficit, with a balanced approach. i want to be clear, i'm not we hadded to every detail of my plan. i'm open to compromise. i'm open to new ideas. i'm committed to solving our fiscal challenges. but i refuse to accept any approach that isn't balanced. i am not going to
about lots. some room for compromise from both the president and speaker boehner and the fact that they are going to sit down and meet suggests that they both want to get this done and you can sort of see where there might be room and as you suggested in your intro, where it remains to be seen, president obama, he didn't say it in his remarks but the white house has said that he would veto anything that doesn't include a tax rate hike on people making -- households making over $250,000 a year and that's the line that boehner seemses to be drawing. he won't do that. he wants to draw loopholes. can either side bend at this point? we'll find out. >> rita, you had a one on one with john boehner. we'll be seeing him again on monday. it sounds at least like his tone is definitely changed. take a listen. >> i remain optimistic that we'll be able to find common ground. i'm the most reasonable and responsible person here in washington. the president knows this. he knows that he and i can work together. the election is over. >> did you know that john boehner was the most reasonable pers
crisis visiting our nation so far. and while president obama and house speaker boehner say they're willing to compromise they seem to have drawn the line at the issue of raising taxes. >> if we're serious about reducing the deficit, we have to combine spending cuts with revenue and means asking the wealthiest americans to pay more in taxes how we did it when bill clinton was president and the only way we can afford to invest in job training and manufacturing. all the ingredients of a strong middle class and a strong economy. some said despite the risk we should let our nation's economy go off part of the fiscal cliff in january allowing the top two rates to rise and they believe that doing that will generate more revenue for the federal government. here is the problem with that, raising those rates on january 1st would, according to the independent firm, ernst & young, destroy 700,000 american jobs. >> kelly: all right. angela mcglowan is a political analyst and joining us today, ladies, what we can see right now, there has to be some compromise, but washington is once again fin
Search Results 0 to 49 of about 386 (some duplicates have been removed)